Close Menu
    National News Brief
    Friday, November 6
    • Home
    • Business
    • Lifestyle
    • Science
    • Technology
    • International
    • Arts & Entertainment
    • Sports
    National News Brief
    Home » Trump: Secure The Borders Or Pay Tariffs

    Trump: Secure The Borders Or Pay Tariffs

    Team_NationalNewsBriefBy Team_NationalNewsBriefNovember 27, 2024 World Economy No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Donald Trump wants to ensure that America’s neighbors to the north and south help him fight the migrant crisis, announcing that he will punish both Canada and Mexico with a 25% tariff on goods until migrants stop crossing into America from their lands.

    Justin Trudeau reportedly called Donald Trump within two hours of his public remarks. “Canada is essential to US domestic energy supply and last year 60 percent of US crude oil imports originated in Canada,” read the statement issued by Trudeau, finance minister Chrystia Freeland and public safety minister Dominic LeBlanc. This certainly would hurt any attempt at a Keystone XL Pipeline revival. The long-negotiated USMC deal would be moot. The problem with tariffs here that Trump does not understand is that they will hurt the people on BOTH sides. Mexico has not responded to Trump’s statements at the time of this writing, but the president stated in an interview that tariffs would be met with retaliatory tariffs, further stifling free trade.

    Trump also noted his dissatisfaction with China’s handling of the fentanyl crisis. Until China implements the death penalty to fentanyl producers, the entire nation will face a 10% tariff on goods. “’I have had many talks with China about the massive amounts of drugs, in particular Fentanyl, being sent into the United States – But to no avail,’ Trump wrote. ‘Representatives of China told me that they would institute their maximum penalty, that of death, for any drug dealers caught doing this but, unfortunately, they never followed through, and drugs are pouring into our Country, mostly through Mexico, at levels never seen before,” Trump stated.

    Skilled at diplomatic relations, China agreed with Trump and said that they are working to meet his demands. “The Chinese side has notified the US side of the progress made in US-related law enforcement operations against narcotics,’ said Liu Pengyu, a spokesman for the Chinese embassy in DC, later adding that “China believes that China-US economic and trade cooperation is mutually beneficial.”

    Trump would unintentionally punish the American people through these tariffs as the costs are always passed on to the consumer. We cannot threaten top trading partners by punishing them with fines as the private sector and personal consumer will be punished, not the governments. Positive reinforcement has worked for Italy, for example, as Meloni has negotiated favorable deals with neighboring nations to entice them to curb the flow of migrants. Tariffs are certainly NOT the way to deal with this crisis.



    Source link

    Team_NationalNewsBrief
    • Website

    Keep Reading

    The Coming Political War | Armstrong Economics

    Houthis Demand $51 Billion To End War With Saudis

    Interesting Times Ahead | Armstrong Economics

    Market Talk – November 5, 2026

    2026 World Economic Conference: Understand What Comes Next

    Germany Prepares Hospital Trains For 1,000 NATO Casualties A Day

    Add A Comment

    Comments are closed.

    Editors Picks

    US ‘very optimistic’ Ukraine peace plan can be reached ‘very soon’: Rubio | Russia-Ukraine war News

    November 23, 2025

    What’s my Alzheimer’s risk, and can I really do anything to change it?

    October 7, 2025

    Russia’s Putin in India for defence, trade talks

    December 4, 2025

    Will the Mets be sellers at the trade deadline?

    June 2, 2026

    Melissa Gorga Shares Major Holiday Update With Teresa Giudice

    December 11, 2025
    Categories
    • Arts & Entertainment
    • Business
    • International
    • Latest News
    • Lifestyle
    • Opinions
    • Politics
    • Science
    • Sports
    • Technology
    • Top Stories
    • Trending News
    • World Economy
    About us

    Welcome to National News Brief, your one-stop destination for staying informed on the latest developments from around the globe. Our mission is to provide readers with up-to-the-minute coverage across a wide range of topics, ensuring you never miss out on the stories that matter most.

    At National News Brief, we cover World News, delivering accurate and insightful reports on global events and issues shaping the future. Our Tech News section keeps you informed about cutting-edge technologies, trends in AI, and innovations transforming industries. Stay ahead of the curve with updates on the World Economy, including financial markets, economic policies, and international trade.

    Editors Picks

    The Coming Political War | Armstrong Economics

    November 6, 2026

    Alex Morales Used Sparingly Again in Magic Loss

    November 6, 2026

    Inside ‘Petrified’ Russell Brand’s First Night In Jail After Verdict

    November 6, 2026

    ‘An insult to his culture’: Italian chef fired after refusing to put pineapple on pizza

    November 6, 2026
    Categories
    • Arts & Entertainment
    • Business
    • International
    • Latest News
    • Lifestyle
    • Opinions
    • Politics
    • Science
    • Sports
    • Technology
    • Top Stories
    • Trending News
    • World Economy
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2024 Nationalnewsbrief.com All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.